Brookings: Venezuela’s Petro Undermines Legitimate Cryptocurrencies

Brookings Institute analysts recently argued that Venezuela’s oil-backed cryptocurrency, the Petro (PTR),…

Venezuelan President Claims Petro Pre-Sale Raked in $5 Billion

Venezuelan President Nicolás Maduro claimed the pre-sale of the country’s oil-backed cryptocurrency,…

A Fraud: Venezuela’s National Assembly Declares Petro Unconstitutional

Venezuela’s Assemblea Nacional [National Assembly] recently declared it believes the country’s oil-backed…

Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating Giant

Dagong Global Credit Rating, one of China’s biggest credit rating agencies, recently…

Venezuelan President Orders Airlines to Accept Petro, Cryptocurrencies for Tickets

Venezuela’s oil-backed cryptocurrency keeps making headlines, as the country’s cryptocurrency superintendent, Carlos…

Venezuela’s President Orders State-Owned Companies to Accept Petro

After officially launching the oil-backed Petro (PTR), Venezuela’s own cryptocurrency, the country’s…

Venezuela Announces New ‘Petro Gold’ Cryptocurrency, One Day After Launching the Petro

Venezuelan leader Nicolás Maduro has recently announced that within one week, the…